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Re: DIXON LEASING-- US MASTERS RESIDENTIAL
#1
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a 2-3% one day decline is nothing significant in the stock market. Besides, URF is still positive for the year:

http://www.asx.com.au/asx/research/company.do#!/URF

Posted on: 2015/11/21 23:57
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Re: Jersey City writer hates new Shepard Fairey mural
#2
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Not too shy to talk


Resized Image


Shepard's mural is clearly comes from his work titled "Water is the New Black". Lady Liberty replaces the oil rig.

Resized Image


In an article he wrote for the Daily Beast about his recent NYC art exhibit, "On Our Hands", at the Jacob Lewis Gallery, he states:

"Starting with a collaboration I did with the Surfrider Foundation in 2009 and continuing with my response to the BP spill in the Gulf in 2010, I’ve made several images of waves and water threatened by or contaminated by oil spills. This piece was largely inspired by the very visible oil platforms off the coast of Santa Barbara, as well as the recent oil spill there. The contrast between the beauty of the coastline and the oil platform that is a symbol of the threat to that coastline is a provocative way for me to indulge my love of beautiful subject matter and a symbol of the threat to the environment. Much in the same way I find the rhythm of waves and the ocean mesmerizing, the process of illustrating the ripples and curves of the water is rhythmic and therapeutic. Unlike climate change, which many people deny because you can’t see it in front of your face, it is hard to refute the destruction that an oil spill brings. I have donated proceeds from almost all of my wave images to the NRDC to help them push legislation that protects the environment from reckless corporations. Unfortunately, the oil and gas industry has very deep pockets and is difficult to fight."

Article here: http://www.thedailybeast.com/articles ... tion-in-on-our-hands.html

Posted on: 2015/10/28 22:06
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Re: Anyone hear about the 100 floor tower Goldman Sachs is planning on the waterfront?
#3
Not too shy to talk
Not too shy to talk


Quote:

Look at page 40 of this presentation - the proposed new Harborside. Right now, Harborside is a dead zone for Jersey City residents. There is nothing that draws us there. Mack Cali will be completely revamping it, activating the street side and putting a marina on the water side.
Notice the huge amount of retail space - 150000 sq ft. including 44000 sq ft for a "premium food market".

This will be a key factor in activating that dead area of downtown.


Also notice the parking lot to the right on that page that is labeled "Food Market Parking".

Posted on: 2015/9/15 3:53
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Re: Anyone hear about the 100 floor tower Goldman Sachs is planning on the waterfront?
#4
Not too shy to talk
Not too shy to talk


Quote:

JCGuys wrote:
Quote:

equn wrote:
Vacancy rate of JC waterfront office is pretty high although it's dramatically improving starting from the last year...


Interesting presentation from Mack Cali on vacancy rates.

https://www.mack-cali.com/media/790637 ... 6143798-AsFiledPdfnHE.pdf

Page 20,76, and 83 of the PDF and elsewhere.

Waterfront office vacancy rate
2013 - 18.7%
2014 - 16.3%
2015 - 15.7%



Look at page 40 of this presentation - the proposed new Harborside. Right now, Harborside is a dead zone for Jersey City residents. There is nothing that draws us there. Mack Cali will be completely revamping it, activating the street side and putting a marina on the water side.
Notice the huge amount of retail space - 150000 sq ft. including 44000 sq ft for a "premium food market".

This will be a key factor in activating that dead area of downtown.

Posted on: 2015/9/15 3:21
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Re: Is Jersey City Real Estate in a bubble?
#5
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Not too shy to talk


Yes, more inventory will come online in the next few years, but the Jersey City market is not a market unto itself. It is part of a much larger market - NY Metro. Of all the Hudson River cities, we are the most connected to NYC, and we are now seen as a viable alternative to the sky-high prices in the city.

Then you have the whole trend towards urbanization where buyers, whether millennials to empty-nesters, want to live an urban lifestyle and ditch the car (yes, many coming to Jersey City see it as a place where you don't need a car). I work with a lot of these types of buyers, so see it all the time.

As long as NYC keeps doing it's thing, I believe that Jersey City will as well. The added inventory will be absorbed quickly. My biggest concern is PATH and keeping us so closely connected to NYC, but that's a whole other discussion.

Posted on: 2015/7/31 12:24
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Re: Is Jersey City Real Estate in a bubble?
#6
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Not too shy to talk


244 Montgomery held first open house last weekend. It already has multiple offers, over asking.

Quote:

BobNesta wrote:
Quote:

frankm wrote:
614 Jersey, listed at 999K went into contract about one week after it was listed. Don’t know contract price yet, but it had multiple offers and seller got well over asking

656 Jersey, listed at 1.575M is in contract after being on market 43 days

332 York, listed at 1.7M, is in contract after being on market 13 days. Seller must have gotten close to asking if not asking in order to take it off market that quickly

12 Mercer has been on market 36 days and was reduced to 1.67M. Was asking too much based on it’s poor condition.

243 Marin was reduced from 1.99M to 1.599M on market now for 22 days. Completely renovated, and set up as 2 duplexes. Developer should have made it as a triplex plus garden rental or single family. There are more buyers in that segment of the market. It's also on busy Marin Blvd.

I’m a realtor working with several buyers looking for townhomes. Many from the Bklyn where a similar townhouse is twice the price. The competition is fierce and anything decent that’s priced correctly moves within a week or so.

I’d say that there is no cooling off.


How's 244 Montgomery looking?

Posted on: 2015/7/30 18:54
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Re: Is Jersey City Real Estate in a bubble?
#7
Not too shy to talk
Not too shy to talk


614 Jersey, listed at 999K went into contract about one week after it was listed. Don’t know contract price yet, but it had multiple offers and seller got well over asking

656 Jersey, listed at 1.575M is in contract after being on market 43 days

332 York, listed at 1.7M, is in contract after being on market 13 days. Seller must have gotten close to asking if not asking in order to take it off market that quickly

12 Mercer has been on market 36 days and was reduced to 1.67M. Was asking too much based on it’s poor condition.

243 Marin was reduced from 1.99M to 1.599M on market now for 22 days. Completely renovated, and set up as 2 duplexes. Developer should have made it as a triplex plus garden rental or single family. There are more buyers in that segment of the market. It's also on busy Marin Blvd.

I’m a realtor working with several buyers looking for townhomes. Many from the Bklyn where a similar townhouse is twice the price. The competition is fierce and anything decent that’s priced correctly moves within a week or so.

I’d say that there is no cooling off.

Posted on: 2015/7/30 18:39
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Re: Home Inspection Recommendation
#8
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Not too shy to talk


Daniel Lin (973) 910-1019

I'm a realtor and have used him for my last 3 inspections since he's responsive, on-time, detailed, and is able to explain things clearly and concisely.

I used him today for an inspection of a 4 family in the Heights. He is going the extra mile to have the report done for me by Sunday evening even though it's a holiday weekend, per my client's request.

Posted on: 2015/7/2 1:53
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Re: Amendment to an ordinance
#9
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Not too shy to talk


"Ward B City Councilman Khemraj "Chico" Ramchal is pushing for the measure"

From the same guy who proposed front yard parking with more curb cuts. Enuff said.

Posted on: 2015/1/21 1:53
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Re: 333 Fairmount - Info on the area and crime in McGinley Square
#10
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Not too shy to talk


Juliana-mae, check your inbox...

Posted on: 2014/10/9 2:02
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Re: music restrictions for Exchange Place to be introduced by city council
#11
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Not too shy to talk


There is a community meeting TONIGHT with some members (Danny Rivera, Candice Osborne, Chico Ramchal) of city council, festival organizers, and the community to discuss the Exchange Place festivals, their impact on the community with regards to noise, and what can be done to alleviate it.

Tonight, 7pm, Council Chambers, City Hall

This is not a vote on the proposed ordinance amendment. Rather, it is an open meeting for discussion among the parties listed above, including the community.

If you are concerned about noise from these festivals, this is your chance to be heard.

Posted on: 2014/3/21 15:50
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Re: music restrictions for Exchange Place to be introduced by city council
#12
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Not too shy to talk


Quote:

DanL wrote:
just to clarify - the proposed ordinance pushes Friday and Saturday nights back to 10pm and Sunday thru Thursday back to 8pm, music (and alcohol) pushed back an hour further to 9pm on weekends and 7pm weekdays including Sunday evening. If it becomes a trend, it would impact Groove on Grove and other Grove St. events, Diwali and numerous other ethnic festivals and feasts throughout the city. I guess in my mind Exchange Place is a commercial/mixed use area with a 25 plus year history of hosting events and festivals.

Hopefully, there is further discussion and compromise. Either way, for me its disappointing that the ordinance went on the council agenda before any public discussion (beyond perhaps the local neighborhood assocation.)

The councilperson who initiated the ordinance has been oddly silent here, and most everywhere else including absent from the council meeting when it was introduced this past week.


The councilperson, Candice Osborne, is not silent on this and she was present at the meeting when it was introduced last week.

She's answering questions on this proposed ordinance on her facebook page. I recommend you take a look there and it may clear up the many misperceptions posted here.
https://www.facebook.com/candice.osborne

She's also posted a link that explains more detail about the proposed change.
http://candiceosborne.com/updates/wee ... to-the-festival-ordinance

The bottom line: This focuses only on Exchange Place and it's goal it to strike a balance for the residents in that area while keeping the festivals alive and well. This does not affect Groove on Grove, Diwali, and the many other festivals throughout other parts of the city.

Many of the residents I've spoken with in the Exchange Place/Paulus Hook area (I live there too), attend these festivals as a form of entertainment, want them to continue (which they will), but also would like for them to quiet down at a reasonable hour on an evening when they they have to get up early for work the next morning.

Posted on: 2014/3/3 21:40
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Re: Cranes (?) in Park Across from Sugar House
#13
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Not too shy to talk


I was over there earlier today, and it looked like a Verizon wireless emergency cellular antenna station. Perhaps one of their permanent antennas in the area failed or lost power?

Posted on: 2014/1/21 20:47
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Re: Chinese Company in Talks to Buy Jersey City Site:
#14
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Not too shy to talk


Chinese firm makes $70M all-cash building buy in Jersey City
November 14, 2013 02:15PM

Jersey City
China Construction America has purchased a 1.1 million-square-foot building on the Jersey City waterfront, marking the firm’s second all-cash real estate deal in the New York area since April.
CCA paid $70 million for the mixed-use site at 99 Hudson Street, and has plans to develop the space as an upscale complex with luxury condominiums, rental apartments, retail and a boutique hotel, Real Estate Weekly reported.
The firm, which established a real estate development arm called Dynasty Capital earlier this year to invest in the area, purchased a Class A office building at 445 South Street in Morristown, N.J., for $71 million in April.
CCA has plans to continue expanding its presence in the area, the firm told REW.
“We are pursuing a relatively cautious investment strategy while remaining agile and responsive to market opportunities,” Ning Yuan, president of CCA, told REW.
CCA, a subsidiary of China-based construction and real estate conglomerate CSCEC, is headquartered in Jersey. CCA operates in Greater New York, South Carolina and the Bahamas. [REW] — Julie Strickland

Article link

Posted on: 2013/11/15 0:10
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Re: Flooding on Washington St - Advice needed
#15
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Not too shy to talk


That location is basically the highest point in Paulus Hook, sits on the original island of Paulus Hook, and experienced no flooding during Sandy.

Posted on: 2013/9/30 17:34
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Re: Another disparaging NYT article about JC
#16
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Not too shy to talk


Quote:

vindication15 wrote:
http://www.nytimes.com/2012/03/11/rea ... nhattan.html?pagewanted=1

[quote]“Most people who have moved out of the city to the suburbs realize that even the best intentions go awry and you don’t go in that often,” he said.


Suburbs? Since when is JC the suburbs?

Posted on: 2012/3/12 22:12
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Re: Neighbor Living in Squalor - advice needed
#17
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Not too shy to talk


I appreciate all of the responses and information.

I'm going to get started tomorrow on addressing this situation and will update the thread here on how it goes. I expect it to be an evolutionary process.

Thank you.

Posted on: 2011/12/9 3:11
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Neighbor Living in Squalor - advice needed
#18
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Not too shy to talk


In the 4 unit brownstone adjacent to mine, the two occupants of one of the floors are living in deplorable conditions to the point where I would define it as squalor.

They are the owners of the building and have lived there 50 plus years. They have become elderly and unhealthy to the point where they have not left their home in a couple of years. Someone is bringing food for them.

In the past few weeks, the situation has deteriorated more, and I can now smell the stench in my house. And these are 19th century brownstones built with several layers thick of brick between them. One of the tenants in their building told me that they are not removing garbage from their apartment. As well, I have been able to see flies swarming on the inside of their windows.

I feel very bad for these people, but at the same time am concerned for them and the immediate neighbors (myself included) due to what I feel is a hazardous situation, healthwise.

I would welcome any good advice from those here as I don't really know where to start on this.

Note that these people are ill and are unapproachable. The tenants have already tried that route.

Thanks.

Posted on: 2011/12/8 20:40
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Re: Jersey City moves to expand boundaries of Restaurant Row along Newark Avenue.
#19
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Not too shy to talk


This stupid, anti-business law makes it very difficult if not impossible for a restaurant to succeed.

Look at Satis in Paulus Hook. That place is a huge asset to the neighborhood and Downtown Jersey City; IMO, the best place around. But because of this law, they can't get a liquor license (neighboring Johns Pizza already has one).

Makes me worry about their ability to survive longer term.

Posted on: 2011/8/14 22:14
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Gardener Recommendations
#20
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Not too shy to talk


Hi -

Can anyone recommend a gardener for a brownstone back yard with flower beds, some grass, perennials etc? I am looking to get the garden ready for the winter and then have this person care for it on a regular basis starting next spring.

I see that some have recommended landscapers, but I am not in the need for landscaping, just maintenance gardening.

Thank you!

Posted on: 2008/10/21 13:59
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Re: Whole Foods in JC?
#21
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Not too shy to talk


Quote:

jc_insomniac wrote:
Oh, for crying out loud, it's an April Fool's joke, people


You guys are right...it is totally an April Fool's joke. It becomes obvious when you read the rest of that day's post.

Sorry for starting this thread...got too excited for a minute there!!

Posted on: 2006/4/11 19:18
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Whole Foods in JC?
#22
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Not too shy to talk


Is there any merit to this?

"Whole Foods, the gourmet grocer legions of avid fans have been hoping would soon open a Jersey City branch, will occupy the bottom two floors of the new tower being constructed at the Grove Street PATH station."

http://www.newyorkssixth.com/

Can anyone confirm or deny this?

Posted on: 2006/4/11 17:37
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Re: $2M Brownstone In Paulus Hook?
#23
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Not too shy to talk


Quote:

steveikin wrote:
And another one ($150K less than $2M), but this one has a car parking space.

http://newyork.craigslist.org/jsy/rfs/84240107.html


Do you know which house it is?

Posted on: 2005/7/13 20:49
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Re: $2M Brownstone In Paulus Hook?
#24
Not too shy to talk
Not too shy to talk


Quote:

jc_insomniac wrote:
This listing has been deleted. The seller or agent must've gotten a good dose of reality


I still see it there:

http://newyork.craigslist.org/jsy/rfs/82915519.html

Posted on: 2005/7/11 4:03
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$2M Brownstone In Paulus Hook?
#25
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Not too shy to talk


I must be dreaming. I saw this listing on Craigslist for a brownstone in Paulus Hook on the market for $2M.

Anyone know which house it is?

Here is the listing.
==============================
................ The Finest Brownstone in Paulus Hook...Totally Redone.............
.............................................TWO MILLION DOLLARS..........................................
.........HUGE REDWOOD DECK...HOT TUB...5 MARBLE FIREPLACES......... ..................................A PATIO LARGE ENOUGH FOR 50...............................

Rarely does a property this remarkable come to market. A 4-Family Brownstone built in 1860 and updated with the care and attention to detail by it's perfection obsessive owner. 5 original marble-mantle fireplaces. 5 marble baths with jacuzzis. A redwood deck so large, you could invite the office over for cocktails.(It also has a hot tub and Wolf Stainless grill system.) And a huge backyard that is all patio and all party.

This brownstone is currently home to 4 families. It can be converted to a duplex for the owner and 2 rental units or remain as it is today - a remarkable property on the grandest street in Jersey City's Paulus Hook. Build your own roof deck and you have a lookout tower over Manhattan, Jersey City and beyond.

Just enter the 14 ft entrance foyer and you'll get your first idea of what care and attention can bring to a property. And this property is remarkable. Nothing has to be done to it - except move in.

This is a true brownstone with something no other brownstone in this area even thought to design. A sub-basement. 14 feet below ground. Designed by the owner and dug from the sandy soil 14 feet below --to create a gym/entertainment room. Marble floors, granite bath with jacuzzi. A spectacular and remarkable space. The steel beams to support this undertaking could hold up an apartment house.

Next ... the deck. A redwood deck between the parlor and 2nd floors - with a hot tub for those sultry summer nights and weekends. With a stainless steel Wolf outdoor grill system. And all the room - plus all the strength-- to hold up any gathering.

And then there are the apartments. Each has its own unique personality. But all share the same care and attention that ithe owner has given to the entire property. From marble baths to excpetional kitchen. The owner has scrimpted at nothing. And redone everything. From roof to electrical to
you name it.

Posted on: 2005/7/11 1:26
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